# Boston Ivy Healthcare Solutions Private Limited vs. Zaneka Healthcare Limited

> NCLT judgment dated 2026-10-08. Citation: TCN-2026-NCLT-01185. M/s Boston Ivy HealthCare Solutions Private Limited (Operational Creditor) filed a petition…

- **Court:** NCLT
- **Order date:** 8 Oct 2026
- **Citation:** TCN-2026-NCLT-01185
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-allahabad/zaneka-healthcare-limited-5lfns

## Summary

### Background

M/s Boston Ivy HealthCare Solutions Private Limited (Operational Creditor) filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s Zaneka Healthcare Limited (Corporate Debtor) to initiate Corporate Insolvency Resolution Process (CIRP). The Operational Creditor claimed an outstanding operational debt of Rs. 1,41,97,598/- (including 18% p.a. interest) with a date of default of 29.06.2025. The Corporate Debtor disputed the interest component and alleged pre-existing disputes regarding delayed and deficient supplies, while also claiming to have filed a detailed reply to the demand notice.

## Facts

A petition was filed on 10.01.2026 by M/s Boston Ivy HealthCare Solutions Private Limited (Operational Creditor) under Section 9 of the Insolvency and Bankruptcy Code, 2016.

The petition seeks to initiate Corporate Insolvency Resolution Process (CIRP) against M/s Zaneka Healthcare Limited (Corporate Debtor).

The Operational Creditor's registered office is at 3rd Floor, Second Avenue, Atul Projects, Subhash Nagar, Andheri East, Mumbai, Maharashtra 400093.

The Corporate Debtor, M/s Zaneka Healthcare Limited, was incorporated on 05.02.2004, with its registered office at BHEL Ancillary Estate Ranipur, Haridwar, Uttarakhand, 249403.

Ms. Sonu Gupta was proposed as the Insolvency Professional to act as Resolution Professional.

…

## Issues and analysis

### Issue 1: Whether there is a Debt …

**Ratio:** The Corporate Debtor unequivocally admitted to a business relationship, receipt of goods,

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**Reasoning:** The Tribunal perused the purchase orders, invoices, demand notice, and the Corporate

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**Interpretation:** An admission of outstanding principal debt by the Corporate Debtor, coupled

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**Application:** The Corporate Debtor's own admissions in its reply to the Demand Notice and its

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## Parties

- **Judges:** Sh. Praveen…; Sh. Ashish…
- **Appellants:** Boston Ivy…
- **Respondents:** ZANEKA HEALTHCARE…
- **Other parties:** Sonu G…
- **Advocates:** Siddhima…; Sh. Abheek…; +3 more

## Timeline

- **2025-01-14 — Invoice…**: Date of some invoices (also 29.01.2025, 07.02.2025) which included a clause for interest…
- **2025-02-14 — Start of Unpaid…**: Beginning of the period for…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 9 — Application for initiation of corporate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-9)

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